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Early in 2024, Wing Security released its State of SaaS Security report , offering surprising insights into emerging threats and best practices in the SaaS domain. Now, halfway through the year, several SaaS threat predictions from the report have already proven accurate. Fortunately, SaaS Security Posture Management (SSPM) solutions have prioritized mitigation capabilities to address many of these issues, ensuring security teams have the necessary tools to face these challenges head-on. In this article, we will revisit our predictions from earlier in the year, showcase real-world examples of these threats in action, and offer practical tips and best practices to help you prevent such incidents in the future. It's also worth noting the overall trend of an increasing frequency of breaches in today's dynamic SaaS landscape, leading organizations to demand timely threat alerts as a vital capability. Industry regulations with upcoming compliance deadlines are demanding similar time-sens...

Let's face it: we all use email, and we all use passwords. Passwords create inherent vulnerability in the system. The success rate of phishing attacks is  skyrocketing , and opportunities for the attack have greatly multiplied as lives moved online. All it takes is one password to be compromised for all other users to become victims of a data breach.  To deliver additional security, therefore, digital identities rely on verification plasters. MFA (multi-factor authentication) often falls back to knowledge factors such as password resets and OTP codes, but these are still vulnerable. As long as credentials can be shared or intercepted, they can be misused.  What is needed is a paradigm shift – from knowledge-based credentials to strong possession-factor security that can't be compromised, alongside other verification security such as biometrics. A new possession-factor API now aims to do precisely that, replacing knowledge-based credentials, by using the SIM card for p...

When it comes to access security, one recommendation stands out above the rest: multi-factor authentication (MFA). With passwords alone being simple work for hackers, MFA provides an essential layer of protection against breaches. However, it's important to remember that MFA isn't foolproof. It can be bypassed, and it often is.  If a password is compromised, there are several options available to hackers looking to circumvent the added protection of MFA. We'll explore four social engineering tactics hackers successfully use to breach MFA and emphasize the importance of having a strong password as part of a layered defense.  1. Adversary-in-the-middle (AITM) attacks AITM attacks involve deceiving users into believing they're logging into a genuine network, application, or website. But really, they're giving up their information to a fraudulent lookalike. This lets hackers intercept passwords and manipulate security measures, including MFA prompts. For instance, a spear-phis...

When it comes to safeguarding your Internet security, installing an antivirus software or running a Secure Linux OS on your system does not mean you are safe enough from all kinds of cyber-threats. Today majority of Internet users are vulnerable to cyber attacks, not because they aren't using any best antivirus software or other security measures, but because they are using weak passwords to secure their online accounts. Passwords are your last lines of defense against online threats. Just look back to some recent data breaches and cyber attacks, including high-profile data breach at OPM ( United States Office of Personnel Management ) and the extra-marital affair site Ashley Madison , that led to the exposure of hundreds of millions of records online. Although you can not control data breaches, it is still important to create strong passwords that can withstand dictionary and brute-force attacks . You see, the longer and more complex your password is, the much harder...

Online account creation poses a challenge for engineers and system architects: if you put up too many barriers, you risk turning away genuine users. Make it too easy, and you risk fraud or fake accounts. The Problem with Identity Verification The traditional model of online identity – username/email and password – has long outlived its usefulness. This is how multi-factor or two-factor authentication (MFA or 2FA) has come into play, to patch up vulnerabilities of the so-called knowledge-based model, usually by SMS passcode to verify possession of a mobile phone number. The simplicity of SMS-based verification has taken apps by storm – it's the default option, as most users have a mobile phone. Yet bad actors have learned how to exploit this verification method, leading to the menace of  SIM swap fraud , which is alarmingly easy to pull off and rising rapidly in incidents. There's been no lack of effort in finding a more secure factor that is still universal. For example, b...

In this article, we will provide a brief overview of Silverfort's platform, the first (and currently only) unified identity protection platform on the market. Silverfort's patented technology aims to protect organizations from identity-based attacks by integrating with existing identity and access management solutions, such as AD (Active Directory) and cloud-based services, and extending secure access controls like Risk-Based Authentication and MFA (Multi-Factor Authentication) to all their resources. This includes on-prem and cloud resources, legacy systems, command-line tools and service accounts. A recent report by Silverfort and Osterman Research revealed that  83% of organizations worldwide have experienced data breaches due to compromised credentials . Many organizations admit that they are underprotected against identity-based attacks, such as lateral movement and ransomware. Resources like command-line access tools and legacy systems, which are widely used, are particular...